Forex Calendar
FI Eye-Opener: Anti-establishment sentiment surges in Spain
German bond yields ended the day slightly down on Friday and the curve steepened some (10-year yield down by some half a bp),
RBA – Forces on rates aren’t shifting decisively
RBA to leave the cash rate at 2½% tomorrow for 15th consecutive month and their updated forecasts on Friday will be little changed.
Cutting to the Quick
With the Reserve Bank sounding less convinced about lifting its policy cash rate any further,
Daily FX Update
Developments in the Asian and European session were important drivers of medium term USD strength.
The Global Macro Pulse
The market’s review of changes in GPIF’s asset allocation helped push USDJPY up to 109.38.
FI Eye-Opener: And here comes more QE
German bonds rallied hard again yesterday, as the Fed’s message was shrugged off and
Daily FX Update
Markets are digesting yesterday’s Fed statement, but sentiment into the NA open is negative.
The Global Macro Pulse
USD-G10 has traded only very marginally higher in Asia following its post-FOMC rally in US time.
FX Daily
Spanish and German inflation will provide information about the impact of thedecline in the oil price during October.
